July 2014 Virginia Tech Housing Report

July was "grudgingly positive" for housing; June's abnormalities were revised and most sectors improved. The exceptions were new and existing house sales - new house sales decreased month-over-month and existing sales have decreased year-over-year for the past few months.

While several housing sectors have improved -the majority are a long way from being considered as normal. Once again, there are many headwinds that may deter a full recovery. Why?

1.     Lack-luster household information

2.     A lack of well-paying jobs being created

3.     A sluggish economy

Learn more about these factors in the July 2014 Housing Report here.

Each month you can access specific data on new housing starts, existing home sales and construction spending, and feature analysis on overall impact to the economy and your business. These monthly housing reports are provided courtesy of Virginia Tech. Remember to take advantage of all the exclusive industry reports and research available to you as an NAFCD member. Visit the Members Only section of the website to access more reports, username and password required.

 Did You Know that NAFCD Offers... 

Multiple Convention Attendee Discounts

 Invite your colleagues to register for the 2014 NAFCD + NBMDA Annual Convention and save on your registration fee. As a NAFCD member, you know the many benefits this event has to offer including the opportunity to build relationships, enhance your business strategy with insights from recognized business experts, and learn about what others are doing to run their businesses effectively. 

Register multiple people and receive a discount after your second registration. Just use the code NAFCDMulti.

NAFCD Member News

USG Releases Private Label Floor Prep Products Under Powerhold Brand

CHICAGO-Sept. 4, 2014-USG Corporation (NYSE: USG), a leading manufacturer of high-performance building products, has entered a private-label agreement with Powerhold, the largest flooring accessories distributor network in the country. With the advent of this new partnership, USG's distribution network in North America will be greatly expanded by the distributors represented by the Floor Covering Distributor Alliance (FCDA).

 "USG's Powerhold products will be exclusively available to Powerhold's vast network of flooring distributors. In addition, distributor members will have not only the best value products, but also an experienced team that is second to none.

 Pinnacle's Portofino line is a 100% full-face veneer made from character grade, rustic American hickory. This seven-ply, engineered flooring is 3/8-inch thick, with 5-inch wide planks, and has up to 48-inch lengths. Portofino features enhanced micro-beveled sides and chiseled ends.

For more information on USG Corporation and to view the full press release visit the NAFCD Member Press Release page on our website.